A. an invoice
B. a statement of account
C. a debit note
D. a credit note
E. goods received note

Correct Answer:

Option D – a credit note

SEE ALSO  A fixed asset was bought for N60,000 on 1st January, 1997. Depreciation was provided at 10% on cost. It was bought for N16,000 on 30th June, 2001. The net book value at the time of sale was?

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